Forbes 2025: Bad news for India’s rich as top 100 lose Rs 8879810000000 in 2025 due to…; Mukesh Ambani’s wealth dipped Rs…, Adani lost Rs…

According to Forbes India Rich List 2025, Mukesh Ambani and Gautam Adani are the top two wealthiest in India, with a net worth of $105 billion and $68.3 billion, respectively.

The combined net worth of top 100 richest individuals in India tumbled by over $100 billion or about 9 percent in 2025, according to the  Forbes India’s Rich List 2025 released on Thursday.

How much did Mukesh Ambani and Gautam Adani lose?

As per Forbes, Reliance Industries Chairman, Mukesh Ambani, witnessed a 12% dip in his overall wealth from last year, losing $14.5 billion in 2025, but retains his spot as the richest individual in India and Asia with a net worth of $105 billion, as of October 9, 2025, making him India’s only ‘centibillionaire’.

Similarly, Adani Group boss, Gautam Adani, remains India’s second richest individual with a net worth of $68.3 billion, despite facing a row of bombshell allegations leveled by US-based short-seller Hindenburg Research, which had resulted in a massive rout of the the group’s stock in 2023.

However, the wealth of Gautam Adani and family, who have a combined net worth of $92 billion, has remained stable after India’s markets’ regulator SEBI gave a clean chit to the billionaire in September, announcing that allegations made by Hindenburg Research could not be established.

Why Indian billionaires lost 9% wealth in 2025?

According to Forbes, the $100 billion slump in the wealth of India’s rich stems from pressures created by a falling rupee, which declined 3% against the US dollar since last year’s assessment.

Additionally, factors like market volatility, tighter capital flows, and subdued investor sentiment have also impacted the fortunes of Indian billionaires across a wide range of sectors from energy and technology to manufacturing and infrastructure, Forbes noted, adding that about two-thirds of India’s 100 richest individuals are ‘less well-off’ than last year.

Who are India’s top 10 wealthiest?

According to Forbes, Mukesh Ambani and Gautam Adani are top two wealthiest in India, with a net worth of $105 billion and $68.3 billion, respectively.

Check out the top 10 list below;

1. Mukesh Ambani – $105 billion
2. Gautam Adani & family – $92 billion
3. Savitri Jindal – $40.2 billion
4. Sunil Mittal & family – $34.2 billion
5. Shiv Nadar – $33.2 billion
6. Radhakishan Damani & family – $28.2 billion
7. Dilip Shanghvi – $26.3 billion
8. Bajaj Family – $21.8 billion
9. Cyrus Poonawalla – $21.4 billion
10. Kumar Birla – $20.7 billion

Who lost how much in 2025?

As per the list, O.P Jindal Group chairperson, Savitri Jindal, lost $3.5 billion, and retains the third spot with a net worth of $40.2 billion, while Bharti Airtel boss Sunil Mittal added $3.5 billion to his fortune to reach $34.2 billion. The telecom tycoon witnessed the biggest wealth surge among Indian billionaires in 2025, and now holds the 4th spot on the list, jumping three places.

Meanwhile, HCL Technologies founder Shiv Nadar slipped to 5th spot on the list as fortune dipped to $33.2 billion, while the rich list also saw new entrants, including Waree Energies’ Doshi siblings who are ranked at 37th position with a combined wealth of $7.5 billion.